• Most Popular
  • Most Shared

Woodside: Major expansions of Pluto field likely

Mon Jun 1, 2009 9:52pm EDT

Stocks

   

DARWIN, June 2 (Reuters) - Further major expansions of the Pluto gas project are likely, Woodside Petroleum Ltd's (WPL.AX) Chief Executive Don Voelte said on Tuesday.

Voelte was speaking to reporters on the side of an energy conference.

Earlier Voelte said construction of the A$12 billion ($9.7 billion) Pluto gas project off Australia's west coast was about 65 percent complete at the end of May.

First liquefied natural gas production from Pluto is expected in late 2010. (Reporting by James Regan)



More from Reuters

Photo

Democrats gain 60th vote on health bill

WASHINGTON (Reuters) - Senate Democrats reached a compromise on Saturday with the last holdout senator that secured the 60 votes they need to pass a broad healthcare overhaul sought by President Barack Obama.

» More Top News
A woman shops at a Sam's Club store, a division of Wal-Mart Stores, in Bentonville, Arkansas June 4, 2009. REUTERS/Jessica Rinaldi

The food-stamp economy

On the last day of every month, shoppers at Walmart load their carts with food and household items and wait for the midnight hour. Is this the new normal in America?  Full Article 

U.S.
Two men shake hands in a file photo. REUTERS/File

Let's make a deal

The battered M&A sector will make a tepid recovery in the coming year and three hot sectors will lead the way, according to a Thomson Reuters analysis.  Full Article 

Global Deals Review